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International Game Technology Launches Tender Offer to Acquire Entraction for Approximately $115 Million, About $11.11 Per Share (IGT)
Thursday, May 5, 2011 - 6:18am | 130International Game Technology (NYSE: IGT) has launched a cash offer to purchase all outstanding shares of Entraction Holding AB at a price equivalent to approximately $11.11 per share, or a total consideration of approximately $115 million. The Entraction Board of Directors has recommended the...
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Top 5 Most Gainers and Losers Stock Picks on 5/5/11- VSEA, GMCR, TMH, MGM, VCLK, CENX, OPEN, NXTM, CTCM
Thursday, May 5, 2011 - 5:11am | 1307Gainers: Varian Semiconductor (NASDAQ:VSEA) a supplier of ion implantation systems is trading at a price of $61.36, a dramatic change of 51.32% from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 4.63B...
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China Slowdown Slides Market 05-04-2011
Wednesday, May 4, 2011 - 3:25pm | 919Cusick's Corner Support -- that is what the market is looking at into the Midday and After Hours sessions. This pullback is not the surprising but if support is not held, 134 in the SPY, a drive to April lows are in the sights of the bears. Volatility has not popped on the pullback today but it...
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Las Vegas Sands Reporting Suspect Numbers
Wednesday, May 4, 2011 - 3:13pm | 598Las Vegas Sands reported weaker than expected Q1 2011 earnings last night; Macau was in line with high expectations while Las Vegas and more importantly Singapore disappointed (in part due to low hold %). Las Vegas – LVS reported dismal results from its Las Vegas operations. 1Q11 net revenue fell 8...
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MGM Resorts in Alliances with Avis Budget, Rank UK, Dover Downs and Pursuing 'Prompt Listing' with Macau IPO (MGM, CAR)
Wednesday, May 4, 2011 - 1:32pm | 51MGM Resorts (NYSE: MGM) says, "Vegas April occupancy & rate `up nicely' YOY... MGM resorts in alliances with Avis Budget (NASDAQ: CAR) , Rank UK, Dover Downs... pursuing `prompt listing' with Macau IPO... 2011 Vegas conventions `robust', 2012 better."
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Ameristar Casinos Reports Q1 ADJ EPS of $0.41 vs. $0.29 Estimate
Wednesday, May 4, 2011 - 8:16am | 18Ameristar Casinos (NASDAQ: ASCA) Reports ADJ EPS of $0.41 vs. $0.29 Estimate.
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MGM Beats EPS Estimates (MGM)
Wednesday, May 4, 2011 - 7:42am | 315MGM Resorts International (NYSE: MGM) today reported financial results for the first quarter ended March 31, 2011. Key results for the first quarter included the following: MGM Resorts Reports EPS of $(0.18) vs. $(0.19) Estimate; Revenues $1.5B vs. $1.5B Estimate Net revenue was $1.5 billion, an...
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Upgrades Downgrades, Stocks to Watch May 4
Wednesday, May 4, 2011 - 7:40am | 300First Solar, Inc. (FSLR) Trading at $125 pre market down about $10. 3 conflicting analyst notes so far Agrium upgraded them?! Price target 160 Brean Murry Goes from 181 to 170?! Collins stewart downgrades from Buy to Hold Las Vegas Sands Corp. (LVS) - Trending up in pre market, typical move as LVS...
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MGM Resorts Reports EPS of $(0.18) vs. $(0.19) Estimate; Revenues $1.5B vs. $1.5B Estimate
Wednesday, May 4, 2011 - 7:30am | 22MGM Resorts (NYSE: MGM) Reports EPS of $(0.18) vs. $(0.19) Estimate; Revenues $1.5B vs. $1.5B Estimate
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UPDATE: Citi Lowering Price Target On Las Vegas Sands (LVS)
Wednesday, May 4, 2011 - 6:51am | 151Citi Investment Research is slightly lowering its price target on shares of Las Vegas Sands (NYSE: LVS) to $54 from $54.50, but it is keeping its Buy rating on shares after the casino operator reported earnings last night. In a note to investors, Citi writes, "Adjusted EPS of $0.37 missed our and...
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Jefferies Comments On Las Vegas Sands Following Recent Earnings Release
Wednesday, May 4, 2011 - 6:48am | 178Las Vegas Sands (NYSE: LVS) reported 1Q11 revenue and adjusted EBITDA of $2,111.9M and $635.1M, respectively, compared to Jefferies estimates of $2,138.3M and $680.8M and consensus of $2,127.5M and $754.8M. The quarter's results were impacted primarily by a lower than expected performance and...
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JP Morgan Lowers PT On Las Vegas Sands To $55
Wednesday, May 4, 2011 - 5:51am | 28JP Morgan has lowered the price target on Las Vegas Sands (NYSE: LVS) from $58 to $55 and maintains its Overweight rating.
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CEOWORLD Most Actives Top Services stocks on 5/4/11- SGA, RRD, DISH, TIVO, LONG, LABL, RAS, NWY, PCCC, INAP, AMZN, NFLX, GOOG, LVS, YHOO
Wednesday, May 4, 2011 - 5:44am | 1508Gainers (% price change): Saga Communications Inc. (SGA) a broadcast company primarily engaged in acquiring, developing and operating radio and television stations is trading at a price of $34.63, a dramatic change of +16.15 (87.39%) from its previous day's close. Currently, the company has a...
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US Stock Futures Up As Investors Await Time Warner, Kellogg Earnings; Las Vegas Sands Shares Drop In Pre-Market Trading
Wednesday, May 4, 2011 - 5:21am | 635US stock futures are slightly higher this morning, as investors are awaiting earnings reports from Time Warner Inc (NYSE: TWX) and Kellogg Co (NYSE: K). Futures on the Dow Jones Industrial Average gained 20 points to 12,769.00 and futures on the S&P 500 stock index rose 1.80 points to 1,353.90...
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Earnings Scheduled For May 4 (PCG, WFMI, TWX, BUD, MET, MGM, ERTS, AOL, RIG, AGN, JDSU, NWSA, TSLA, ACE, GG, CSC, K, KKR, BMC, MMC, PRU, RRD, VG)
Wednesday, May 4, 2011 - 1:20am | 597PG&E Corp (NYSE: PCG) is expected to post its Q1 earnings at $0.81 per share on revenue of $3.59 billion. Whole Foods Market Inc (NASDAQ: WFMI) is estimated to post its Q2 EPS at $0.46 on revenue of $2.37 billion. Time Warner Inc (NYSE: TWX) is projected to report its Q1 EPS at $0.57 on...